Investor Presentaiton

Cash Overheads Reduction on track inline with guidance 2 Targeted reduction ~ 30-35% 619 cr 328 cr 9MFY20 ■9MFY21 775 cr FY20 FY21 E 475 cr Initiatives DLFA □ Zero based budgeting exercise done for the first time □ Significant cut in discretionary spends; ~ 50% achieved ☐ Tight control on cash flows □ Transforming the Organization: ✓ Lean and right size ✓ New Leadership with diversified backgrounds & subject expertise ✓ Enhancing capabilities across functions. ✓ Improving Systems & processes leading to increased efficiency 19

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